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Financial Advice

Product Information

Mutual Funds
Mutual funds are a portfolio of diversified stocks, bonds, and/or cash managed by an investment company on behalf of many investors. The investment company chooses how to invest the funds and sells shares of the portfolio to other individual investors. Mutual funds offer the following benefits:

Diversification—There are many companies represented in a single mutual fund. This diversification lessens the potential risk of loss should a single company or industry suffer a downturn.

Professional Selection and Management—The experience and expertise of a mutual fund’s investment advisor gives that person an edge in choosing the best securities for the fund. And, because advisors make trades on behalf of the entire fund, transaction fees are minimized.

Convenience and Liquidity—It’s easy to invest in a mutual fund and you can easily change from one fund to another.* You’ll always have access to your money and your broker can make changes for you the same business day you place an order.

There are a wide variety of mutual funds available. Our experienced advisors can help you choose the right mutual fund to meet your financial needs.


Individual Retirement Accounts (IRAs)
An IRA is a tax-sheltered account funded and administered by individuals for their own benefit. An IRA is ideal for retirement investing because it permits investment earnings to accumulate untaxed until they are withdrawn. The three types of IRA’s—Traditional, Roth, and the Coverdell Education Savings Account—are similar in terms of structure, but have some significant differences. For one, Roth IRA contributions are not tax deductible; however, qualified distributions and earnings may be tax-free. The Roth IRA has additional Adjusted Gross Income limits as well, while the Coverdell Educational Savings Account is designed especially to save for educational expenses.

It’s important to discuss the different features of each kind of IRA. Talk to one of our financial advisors to get more information on which IRA may be right for you.


Life Insurance
Life insurance provides more than just a financial safety net for your family in the case of your death. It can also be a valuable investment tool. Many policies offer tax advantages with competitive returns. Our licensed insurance agents can help you choose the insurance that fits your needs, your lifestyle, and your family’s budget. We specialize in:

Whether you want to protect your family, estate, or business, we’ll be happy to give you a quote over the phone or schedule a consultation to meet with you in person at any SchoolsFirst FCU branch.


Fixed and Variable Annuities
Fixed and variable annuities are attractive savings vehicles for those who have already maxed out contributions to an employer-sponsored savings plan. They feature a guaranteed minimum interest rate and flexible funding and payout options. Annuities may be set up to generate a steady stream of income for life, and contributions are tax deferred until you begin making withdrawals. Variable annuities also provide you with the opportunity to invest in sub-accounts that may participate in the securities markets.

Some investors may benefit more from annuities than others. Contact a financial advisor to find out if an annuity is right for you.


Stocks and Bonds
Choosing which stocks and bonds to add to your portfolio is one of the most important decisions an investor must make. Generally speaking, a stock is designed to provide long-term growth opportunities and a bond is meant to provide a steady stream of income.

Stocks—A stock represents ownership equity in a company. As the company’s value increases or decreases, so does the value of your stock. Investors expect a higher rate of return because of the potential risk and no guaranteed minimum rate of return. However, such investments also offer the potential for unlimited growth in the stock’s value.

Bonds—When you hold a company or organization’s bond, you basically have an IOU, their promise to repay your “loan” in a certain period at a fixed rate of return. The stability of the bond issuer is a prime factor in determining the rate of return and the risk involved.

As a SchoolsFirst FCU Member, you can participate in a complimentary introductory meeting with one of our financial advisors. Of course, there is no obligation to purchase investments; however, if you are interested in specific investments, our financial advisors will discuss the specific sales charges and commissions associated with those investments. You can arrange a meeting in person at any branch, or discuss your investment needs over the phone by calling 714/258-4000 Monday through Friday, from 9 a.m. to 5 p.m.

* Fees and charges may apply for transfers from one fund family to another and for liquidations from certain fund classes. Please refer to the funds prospectus for more information.

For more complete information about investments, including risks, charges, and expenses, please obtain the applicable prospectuses and/or program description from your financial advisor.

*Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with SchoolsFirst Federal Credit Union to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution.

CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.





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